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FTC Announces First Step Towards Regulation of Employee Non-Competes

As we have noted previously, on July 9, President Biden signed an Executive Order on Promoting Competition in the American Economy. Among many other things, this Executive Order calls on the Federal Trade Commission (FTC) to “consider … exercis[ing] the FTC’s statutory rulemaking authority … to curtail the unfair use of non-compete clauses and other clauses or agreements that may unfairly limit worker mobility.” A webinar on this topic is available here; and more information about the Executive Order generally is available here.

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